PermRock Royalty Trust declares $0.040021/unit distribution based on May production

PermRock Royalty Trust

Cash distribution of $486,890.73 ($0.040021/unit) payable Aug 14 to holders of record July 31.
Oil volumes 24,389 bbls (787 bbls/d) at $78.30/bbl vs prior month $83.14/bbl.
Natural gas volumes 30,833 Mcf (995 Mcf/d) at $1.88/Mcf vs prior month $2.31/Mcf.
Operating expenses $0.78M (+$0.04M); capital expenses $0.20M (-$0.10M) as well conversion completed.
Net profits included $54,800 reserved by Boaz Energy for future capital obligations.

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